REGISTERED COMPANY NUMBER: 03371488 (England and Wales) REGISTERED CHARITY NUMBER: 1064829 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 FOR ENGLANDAND WALES BLINDGOLF
ENGLAND AND WALES BLIND GOLF CONTENTS OF THE FINANCIAL STATEPIJENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Page Report of the Trustees Independent Examinerfs Report statement of Financlal Actlvltles Balance Sheet Notes to the Financlal Statements 6 to 12
ENGLAND AND WALES BLIND GOLF REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 The trustees who are also director5 of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wsth the Financial Rèporting Standard applicabl8 in the UK and Republic of Ireland (FRS 102) (effeclive 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and Aims To promote the health of disabled people for the public benefft by creating or assisting in creating opportunities for them to participate in the sport of golf. To promote social inclusion in golf for the public benefit by preventing people from becoming socially excluded, relieving the needs of those who are socially excluded and assisting them to integrate into society. The promotion of equality and diversity in golf for the public benefit by the elimination of discrimination on the grounds of visual impaimient. The charitable company is established: To promote the heatth, both physically and mentalty. of the sever8ly visually impaired by provtding training and golfing aclivilies. To promote the inclusion of the severely visually impaired in golf, relieving the loneliness and social exclusion that loss of sight can bring. To achieve this object. the charIlab company Uld nonnalty coordinate a number of golfing tournaments and training opportunities for the blind. All player members can receNe financial help towards their lessons from their local golF professional. New and inexperienced player members can receive addrtional financial suppcrt for further lessons. A database is maintained to make sure every member receives the services of a Guidelcaddy. During the golf season several lournaments were organised in England and Wal8s to bring members together. Toumaments were well attended wilh most of our current playing members taking part in at least one. Golf clinics were organised for both established golfers and those new to golf to encourage more people to enjoy the physical and mentsl benefits of playing golf. We met with top tracer and track man to discov8r how their software ranges could benefrt visually impaired golfers. A trial event was arranged at a trackman venue to establish the viability of providing virtual off during the winter monlhs. We met with various organisalions to introduce golF to children and young people who are visually impaired. Publlc Benef The trustee directors confinn that they have ferred to the guidance contained in the Charity Commissions general guidance on public beneftt when reviewing the charitable companies aims and objectives and in planning future activities. The Trustee Directors refer to public benefrt throughout this report. FINANCIAL REVIEW Review for the Year The financial position of the charity continues to be satisfactory however the current economic climate and the predictions for the future economic climate mean that we are not confident we Can Continually maintain previous yearfs levels of fund raising. We received generous grants from various organisations and individuals for meeting the objectives of the charty. We are looking for other avenues of income and have established an internal funding team to achieve this. We are registered with Charrty Aid Foundation, PayPal and Just Giving to enable people to donate wilh the benefit cf Gift Aid. All these funds have gone towards meeting the objectives of the charity. Financia Policies have been reviewed and the board regularly rewews the financial position and aims to run events in the most economic VRY. In order to promole the organisation, raise our profile amongst the golfing world and recruit additional members. we have engaged the seNices of a PR consultant. ReseNes Policy The Board of Trustee Directors have established a policy whereby the unrestncled fvnds not committed or invested in intangible fixed assets (the free reserve5)held by the charitable company should equate to 18 months of Ihe unrestricted resources expended. This provides sufficient funds to cover fund raising, management and administration costs in the event of a significant decrease in funding. It would obviously be nec8ssary to consider how the funding would be repFaced or &tivitÈes changed. This policy is subject to regular review by the Board of Trustee Directors. Page 1
ENGLAND AND WALES BUND GOLF REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing Document The charitable company was incorporated on 1 Olh of May 1997 and is limited by guarantee and regislered as a charity it is governed by its memorandum and articles of association rewsed April 2024. Trustee Dlrectors In accordance with the Memorandum and Articles of Association the affairs of the chaiitable company are governed by a board of trustee directors consisting of the posts of Chaimian and Captain who must both be Player members, Finance Director,. and Company Secretary plus Five Members. Members shall not hold more than one of the posls of Chairman. Company Secretary or Finance Director at any one time. The Vice Captain may deputise for the Captain in his absen. At least half of the voting members of th8 board must be Player members Vth no more than one member of a famity at any one time. The Captain shall be elected for years, and consecutive ternis are mt allowed. Other membe[5 of the board are elected for three years, one third elected each y&*. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 03371488 (England and Wales) Registered Charfty number 1064829 Registered offlce Station House North Street Havant Hampshire P09 1QU Trustees R J Tomlinson J P Eakin D V Daniels A Gilford J W Bastable PWESmith K Logie M Macdonald J Kennedy A Large Resigned 21st April 2024 Appointed 21 st April 2024 Appointed 21 st April 2024 Appointed 21 st April 2024 Appointed 21 st April 2024 Company Secretary K Logi@ Appointed 21 st April 2024 Independent Examiner S Mackie, FCA Morris Crocker Chartered Accountants Station Hous8 Havant Hampshire P09 1QU Approved by order of the board of trustees on ..........March 7th 2025 and signed on its behalf by: Diana Daniels Ihiar 7, 2025 12..23 GMT) Mrs D V Daniels - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGLAND AND WALES BLIND GOLF Independent examinerfs report to the trustees of England and Wales Blind Golf {Ihe Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. Responslbilltles and basls of report As the charty's trustees of the Company (and also its director5 for the purposes of company law) you are responsible for the preparation of the accounts in accordance wrth the requirements of the Companies Act 2008 (Yh8 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited undér Part 16 of the 2008 Acl and are eligible for independent examination, I report in respect of my examination of your charitys accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 ACY). In carrying out my examination I have followed the Directions given by the Chaty Commission under Section 145(5} (b) of the 2011 Act. Independent examinerfs statement I have compEeled my examination. I confimi Ihal no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examinalion; or the accounts have not been prepared in accordan with Ihe methods and principles of the Statement of Recommended Practi for accounting and reporting by charities {applicable to charities preparing Iheir accounts in accordance with the Financial Reporling Stsndard applicable in the UK and Republic of Ireland {FRS 102)}. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn n this report in order to enable a proper understanding of the accounts to b8 reached. S Mackie, FCA Morris Crocker Chartered Accountants ststion House Havant Hampshire P09 1QU Date: .....lo rxi7-1 Page 3
ENGIAND AND WALES BUND GOLF STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donalions and legacies 28.534 28,534 3,174 Charitable activities Tournaments 26,314 39,181 65.495 59,938 other trading activities Investment income 6,140 4.845 6.140 4,845 43,755 2,519 Total 65.833 39.181 105.014 109.386 EXPENDITURE ON Raising funds 5.246 12.244 17.490 22.262 Charitable activitles Toumaments 3.224 80,676 83,900 92,751 Totsl 8,470 92,920 101,390 115,013 NET INCOMEI(EXPENDITURE) Transf8rs between funds 57,363 (53,739) {53,739) 53,739 3,624 (5.627} 16 Net movement in funds 3,624 3,624 (5,62n RECONCILIATION OF FUNDS Total funds brought forward 174.379 174,379 180.006 TOTAL FUNDS CARRIED FORWARD 178.003 178,003 174,379 The notes form part of these financial statements Pag6 4
ENGLAND ANDWALES BLIND GOLF BALANCE SHEET 31 OCTOBER 2024 2024 2023 Notes FIXED ASSETS Heritage assets 12 2,090 2.090 CURRENT ASSETS Debtors Cash at bank 13 125 1TI.786 351 173,852 17T,911 174.203 CREDITORS Amounts falling due within one year 14 (1,998) (1,914) NET CURRENT ASSETS 175,913 172.289 TOTAL ASSETS LESS CURREKr LIABIUTIES 178,003 174.379 NET ASSETS 178,003 174,379 FUNDS Unrestricted fund5 16 178,003 174,379 TOTAL FUNDS 178,003 174.379 Th8 charitable company is entttled lo exemption from audit under Sectton 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance Trmth Section 476 of the Companies Act 20CE. The trustees acknowledg8 their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of th8 Companies Act 2006 and preparing financial statements which give a Irue arKI fa'r view of the state of affairs of the charitable company as at the end of each firnCial year and of its surplus or deficit for each financial year in accordance with the r8quirement5 of Sections 394 and 395 and which otherwise comply with the r4uirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to chartlable companies subject to the small companies regime. The financial statements were approved by the Board of TruStS and authorised for issue on .,March 7th 2025........... ané were signed on its behalf by. D V Daniels - Trustee The notes fonn part of these financFal statemenls Page 5
ENGLAND AND WALES BUND GOLF NOTES TO TH E FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POUCIES Basls of preparlng the financial statements The financial statements of the charitable company. which is a public benefrt entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Repo"ng by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effectrve 1 January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Ststement of Financial Activities once the charity has enlitlernent to the funds, it is probable that the income will be received and the amount can be measured reliably. Such income is only deferred when: the donor specffies that the grant or donation must only be used in future accounting periods. or the donor has imposed conditions vthich must be met before th8 charitable company has unconditional entttlement. Investment income is recognis8d on a re1vable basis. Income from chatitable activities includes income received under contract or where entitlement to grant funding is subject to specffic perfonnance conditions it is recognised as eamed (as the related goods or services are provided). Grant income included in this category provides funding to support toumament and training adivilies and is recognised where there is entitlement, probability of receipt and the amount can be measured with sufficient reliabilty. Income is deferred when: tournament and training fees or related grants are received in advan of the toumament or training to which they relate. Expenditure Liabilities are recognised as expendrture as soon as there is a legal or conslructive obligation committing the charrty to that expend'rture, it is probable that a transfer of economic benefrts will be required in settlement and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruas basis and has b*n Classified under headings that aggregate all cost relat8d to the category. Where costs cannot be directty attributed to particular headings they have been alk)cated to activikn'es on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to vrite off each asset over its estimated useful lrfe. Compuier equipment 200h on cost Individual fixed assets costing £500 or more are capitalsed at cost. Heritage assets The charitls gold medals are reported in the Balan Sheet at fair value. Valuations were obtained in 2017 by professional valuers (Timegokl, Woodford Green. Essex). The gold medals are deemed to have indetemiinate lives and the Trustees do not ther8for8 consider it appropriate to charge depreciation. Taxation The charitsble company is a registered charity and accordingly is exempt from taxation on its current sources of income. Page 6 continued...
ENGLAND AND WALES BUND GOLF NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES - continued Fund accounting The charrtable company has a restricted income fund to account for situations where a donor requires that a donation must be spent on a particular purpose or where funds have been raised for a specific purpose. DONATIONS AND LEGACIES 2024 2023 Donations Membership subscriptions 26,369 2,165 1.178 1.996 28,534 3,174 OTHER TRADING ACTIVITIES 2024 2023 Fundraising 6,140 43,755 INVESTMENT INCOME 2024 2023 Deposit account interest 4.845 2,519 All investment income is derNed from assets held in the United Kingdom. INCOME FROM CHARITABLE ACTIVITIES 2024 2023 ActNty Entry fees and sponsorship Tournaments 65,495 59,938 RAISING FUNDS Raising donations and legacies 2024 2023 Promotional expenses 17,490 22.262 Page 7 continued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 CHARITABLE ACTIVITIES COSTS Support cosls (see note 8) Dired Costs Totals Tournaments 80.676 3,224 83,900 SUPPORT COSTS Governance cosls Management Totals Tournaments 1,197 2,027 3,224 Support costs, included in the above, are as follows: Manag6m•nt 2024 2023 Total activities Tournaments Insurance Telephone Postage and ststionery Sundries Computer costs 252 245 261 510 331 376 1.197 1,120 Governance costs 2024 2023 Total activtties Tournaments Lal and professiona fees Independent examinerfs fee 35 1,992 45 1,836 2,027 1,881 TRUSTEES, REMUNERATION AND BENEFITS No remuneration was received by any trustee directors or person connected with them in Ihe year ended 31 October 2024 or in the previous year. TNstees' expenses Four trustee director5 {2023." Three) were reimbursed a total of £1,500 (2023: £330) in respect of travel, subsistence, telephone, printing, postsge and stationery costs, Pag8 8 continued.
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OCTOBER 2024 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 3,174 3,174 Charitable actlvltles Tournamènts 59.938 59.938 Other trading activities Investment income 43.755 2,519 43,755 2,519 Total 49.448 59.938 109,386 EXPENDITURE ON Raising funds 7,623 14,639 22,262 Charitable activities Tournaments 3,001 89,750 92,751 Total 10,624 104,389 115,013 NET INCOMEI(EXPENDITURE) Transfers between funds 38,824 (44,451) (44,451) 44,451 (5,627) Net movement in funds {5,627> (5,627) RECONCILIATION OF FUNDS Total funds brought fotward 180.006 180.006 TOTAL FUNDS CARRIED FORWARD 174,379 174.379 11. TANGIBLE FIXED ASSETS Computer equipment COST At 1 November 2023 and 31 October 2024 549 DEPRECIATION At 1 November 2023 and 31 October 2024 549 NEf BOOKVALUE At 31 October 2024 At 31 October 2023 Page 9 continu8d...
ENGLAND AND WALES BLIND GOLF NOTES TQ THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 12. HERITAGE ASSETS Totsl MARKET VALUE At 1 November 2023 and 31 October 2024 2,09Q NET BOOKVALUE At 31 October 2024 2,090 At 31 October 2023 2,090 13. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Other debtors 125 351 14. CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR 2024 2023 Trade credttors Accruals 1.992 1,914 1.998 1,914 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted Restricted funds fund Fixed assets Current assets Current liabiltties 2.090 177,911 (1.998) 2.090 177,911 {1,998) 2.090 174,203 (1,914) 178.(K)3 178,003 174,379 16. MOVEMENT IN FUNDS Net movement in funds Transfers beeen funds Al 1.11.23 At 31.10.24 Unrestrlcted funds General fund 174.379 57,363 (53,739} 178,003 Restricted funds Toumaments and training fund (53,739) 53,739 TOTAL FUNDS 174,379 3,624 178,003 Page 10 c0nllnu...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 16. MOVEMENT IN FUNDS - continued Net movement in funds. included in the above are as follovr3: Incuning resources Resources expended Movement in funds Unrestricted funds General fund 65.833 (8,470) 57,363 Restricted funds Tournaments and training furKJ 39.181 (92.920) (53,739) TOTAL FUNDS 105.014 {101,390) 3.624 Comparatives for movement in funds Net movement in funds Transfers between funds At 1.11.22 At 31.10.23 Unrestricted funds General fund 180.006 38.824 {44.451) 174.379 Restricted funds Toumaments and trainng fund (44.451) 44.451 TOTAL FUNDS 180,006 (5.627) 174,379 Comparative net movement in funds, includ8d in the above are as follows: Incorning resources Resources expended Movement in funds Unrestricted funds General fund 49.448 (10.624) 38,824 Restrlcted funds Toumaments and training fund 59,938 (104,389) {44,451) TOTAL FUNDS 109.386 (115.013) (5,627) Toumaments and training fund Monies were receiva from various as contributions towards the cost of the various toumaments attended throughout the year. Trdnsfers between fund5 The transfers from unrestricted to restricled funds relate to funds being trdnsferred over to cover a deficit in restricted funds. Page11 continued...
ENGLAND AND WALES BLIND GOLF NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024 17. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 October 2024. 18. ULTIMATE CONTROLUNG PARTY The charitable company is not under Ihe control of another entty or any one individual. Page 12